Stock of The Day: American Capital Senior Floating Ltd Stock Is An 52-Week High Flier

Stock of The Day: American Capital Senior Floating Ltd Stock Is An 52 Week High Flier

The stock of American Capital Senior Floating Ltd (NASDAQ:ACSF) hit a new 52-week high and has $27.03 target or 131.00% above today’s $11.70 share price. The 6 months bullish chart indicates low risk for the $117.50M company. The 1-year high was reported on Nov, 17 by Barchart.com. If the $27.03 price target is reached, the company will be worth $153.93M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 17,528 shares traded hands. American Capital Senior Floating Ltd (NASDAQ:ACSF) has risen 15.20% since April 15, 2016 and is uptrending. It has outperformed by 10.57% the S&P500.

American Capital Senior Floating Ltd (NASDAQ:ACSF) Ratings Coverage

Out of 3 analysts covering American Capital Senior (NASDAQ:ACSF), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $13.50 is the highest target while $10 is the lowest. The $11 average target is -5.98% below today’s ($11.7) stock price. American Capital Senior has been the topic of 5 analyst reports since November 3, 2015 according to StockzIntelligence Inc. On Tuesday, November 3 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of American Capital Senior Floating Ltd (NASDAQ:ACSF) has “Market Perform” rating given on Tuesday, February 9 by Keefe Bruyette & Woods. The rating was maintained by Citigroup with “Neutral” on Wednesday, August 10. The stock of American Capital Senior Floating Ltd (NASDAQ:ACSF) earned “Buy” rating by Deutsche Bank on Friday, August 5.

Insitutional Activity: The institutional sentiment increased to 1.08 in Q2 2016. Its up 0.45, from 0.63 in 2016Q1. The ratio improved, as 4 funds sold all American Capital Senior Floating Ltd shares owned while 8 reduced positions. 7 funds bought stakes while 6 increased positions. They now own 2.02 million shares or 1.46% more from 1.99 million shares in 2016Q1.
Moreover, Keeley Asset has 0.01% invested in American Capital Senior Floating Ltd (NASDAQ:ACSF) for 21,587 shares. Citigroup owns 5,298 shares or 0% of their US portfolio. Envestnet Asset Incorporated has invested 0% of its portfolio in American Capital Senior Floating Ltd (NASDAQ:ACSF). Wells Fargo & Mn holds 26,621 shares or 0% of its portfolio. Deutsche Financial Bank Ag holds 0% of its portfolio in American Capital Senior Floating Ltd (NASDAQ:ACSF) for 47,679 shares. Fifth Third Bancorporation, a Ohio-based fund reported 665 shares. Sei Invests Communications has 603 shares for 0% of their US portfolio. Morgan Stanley holds 0% of its portfolio in American Capital Senior Floating Ltd (NASDAQ:ACSF) for 827,077 shares. Bridgeway Capital accumulated 0.01% or 40,566 shares. Mariner Group Ltd accumulated 0.07% or 20,283 shares. Ladenburg Thalmann Inc last reported 0.01% of its portfolio in the stock. Tower Rech Cap Ltd Liability Corp (Trc) holds 918 shares or 0% of its portfolio. Muzinich Communication has 144,366 shares for 0.68% of their US portfolio. Oppenheimer And Inc holds 12,862 shares or 0% of its portfolio. Stifel last reported 0% of its portfolio in the stock.

Another recent and important American Capital Senior Floating Ltd (NASDAQ:ACSF) news was published by Prnewswire.com which published an article titled: “American Capital Senior Floating, Ltd. Announces Monthly Cash Distributions of …” on November 04, 2016.

American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company. The company has a market cap of $117.50 million. The Company’s investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. It currently has negative earnings. It manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States companies , which are referred to as leveraged loans.

ACSF Company Profile

American Capital Senior Floating, Ltd. (ACSF), incorporated on February 6, 2013, is a non-diversified closed-end investment management company. The Company’s investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. ACSF manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States companies (collectively, Senior Floating Rate Loans or SFRLs), which are referred to as leveraged loans.

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